PIA privatisation completed with guarantee on name and branding Pakistan International Airlines (PIA) has been privatised, with the federal government confirming that the airline’s national identity will remain unchanged after the sale. Authorities said PIA will continue operating under the same name and logo, despite the transfer of majority ownership to private investors. The clarification…
CDA Plot Auction Begins, Generates Rs. 13.52 Billion on Opening Day Islamabad, — The Capital Development Authority (CDA) raised Rs. 13.52 billion on the first day of a three-day public auction of residential and commercial plots. The auction is being held at the Jinnah Convention Centre, officials said on Monday. The auction began on Monday…
CM Sindh orders zero tolerance against land grabbing, extortion after ABAD complaints KARACHI: Sindh Chief Minister Murad Ali Shah on Thursday assured the construction and development sector of strict action against land grabbing and extortion, pledging a zero-tolerance policy as concerns mount over rising threats to businesses in Karachi. The assurance came during a meeting…
Powerball Jackpot Climbs to $1.5 Billion Ahead of Saturday Drawing The Powerball jackpot has soared to an estimated $1.5 billion ahead of Saturday night’s drawing, making it the fifth-largest prize in the lottery’s history. The cash option for the jackpot stands at approximately $686.5 million, offering players a chance at one of the most lucrative…
AED to PKR Drops to 76.31 Karachi/Dubai, December 17, 2025 — The UAE dirham weakened against the Pakistani rupee on Tuesday, sliding to 76.31 PKR per AED, a decline of 0.09 rupees from the previous session, according to market data compiled by currency dealers. The move marks the dirham’s sharpest single-day drop in more than…
Major Rs. 13 Billion Road Projects Make Significant Progress in Rawalpindi Rawalpindi, Pakistan: The Punjab government has made a major leap in improving the city’s infrastructure, approving nine road development projects worth a combined Rs. 13.675 billion. The announcement came during the 81st meeting of the Provincial Development Working Party (PDWP), chaired by Barrister Nabeel…
National Savings Announces Rs200 Prize Bond Draw Results LAHORE (Web Desk): The National Savings on Monday announced the results of the Rs200 prize bond draw number 104, bringing good news for bondholders across the country. The draw was held at the National Savings Centre in Lahore, where officials revealed the winning numbers for the first…
IMF Review Pakistan Pakistan is preparing for its next IMF review Pakistan talks in March 2026, aiming to secure crucial funding under two major programs: the Extended Fund Facility (EFF) and the Climate Financing Facility (Resilience and Sustainability Facility – RSF). These talks are a key milestone for Pakistan’s economic planning, fiscal reforms, and climate…
RAWALPINDI: The Rawalpindi Development Authority (RDA) has announced plans to construct a new underpass at Ninth Avenue Chowk on Karnal Sher Khan Road, one of the most critical arteries connecting Rawalpindi with Islamabad. The proposed infrastructure project, estimated to cost Rs. 800 million, is aimed at addressing long-standing traffic congestion at one of the busiest…
AJK and Gilgit Baltistan tax filer benefits ISLAMABAD: The Federal Board of Revenue has announced a major tax relief initiative for residents of Azad Jammu and Kashmir and Gilgit-Baltistan, allowing them to be included in Pakistan’s Active Taxpayers List (ATL) and benefit from filer tax rates on financial and business transactions across the country. The…